The Hong Kong Monetary Authority, the city’s central bank, last month imposed tighter mortgage restrictions, which Hong Kong Chief Executive Donald Tsang said were to stave off a big property bubble following soaring prices this last year. He told attendees at a business lunch: “We do not want to see a huge property bubble developing in Hong Kong,” having earlier said that he wasn’t sure whether a bubble was forming or not.
Posts Tagged ‘Hong Kong property market’
Hong Kong Moves To Stop Bubble Trouble
by OP-Mall on Saturday, December 12th, 2009 in Hong Kong Property, South-East-Asia Property
Positive Signs Of A Hong Kong Real Estate Rebound
by OP-Mall on Thursday, June 4th, 2009 in China Property, Hong Kong Property, Overseas Property Trends

Centaline Property Agency Ltd. in Hong Kong reported about a possibility of a home prices rebound as early as this year. According to the agency’s research there has already been an increase in pricing in four of Hong Kong’s biggest mass housing estates where prices for property are below 1.3 million. Right now the prices in these estates are above the levels we saw last year in September which is a healthy sign for a possible market rebound.



